Management accounting 2022: What is the difference between fixed and variable costs?

Question

What is the difference between fixed and variable costs?

Hjalmer Pedersen · Accepted Answer

A variable cost is a cost that changes depending on the number of units produced.
A fixed cost does not change no matter the number of units produced.

Management accounting 2022

What is the difference between fixed and variable costs?

A variable cost is a cost that changes depending on the number of units produced. A fixed cost does not change no matter the number of units produced.

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